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Mounds View EDA June 14, 2004 <br />Regular Meeting Page 4 <br /> <br />Commissioner Stigney asked if the City Attorney had reviewed the resolution and supporting <br />documents. <br /> <br />Economic Development Coordinator Backman stated that he has and approved of them. <br /> <br />Commissioner Marty asked if all of the staff and city costs are built into the $299,000 listed in <br />1.06. <br /> <br />Economic Development Coordinator Backman stated that they were. <br /> <br />Commissioner Marty asked if the developer pays for all the attorneys’ fees to create and/or <br />manage the agreement listed in 13.0, closing costs. <br /> <br />Economic Development Coordinator Backman answered yes. <br /> <br />Commissioner Marty asked what 17.3, Item D meant. <br /> <br />Economic Development Coordinator Backman stated it meant they couldn’t sell until after <br />closing. <br /> <br />Commissioner Marty stated he thought items 17.4(a) and 19.14 were excellent. <br /> <br />MOTION/SECOND: Marty/Stigney. To Approve Resolution 04-EDA-182 Approving and <br />Authorizing a Purchase and Redevelopment Agreement by and Between the Mounds View <br />Economic Development Authority and Pro Craft Development. <br /> <br /> Ayes – 5 Nays – 0 Motion carried. <br /> <br />7. REPORTS <br /> <br /> None. <br /> <br />8. NEXT EDA MEETING: June 28, 2004 (Following Council Meeting) <br /> <br />9. ADJOURNMENT <br /> <br />President Linke adjourned the meeting at 6:57 p.m. <br /> <br />Respectfully submitted, <br /> <br />Recorded and transcribed by: <br />